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The monthly remuneration received by each of its officers and employees, including the system of compensation as provided in its regulations

The monthly remuneration received by each of its officers and employees, including the system of compensation as provided in its regulations

(x) The monthly remuneration received by each of its officers and employees, including the system of compensation as provided in its regulations

MANAGERIAL CADRES: Pay Scales of Managers are governed by DPE guidelines dated 03 August 2017 and 04 August 2017 and are effective w.e.f. 01.01.2017. The pay scales of Managers are given here under: -

GRADE

DESIGNATION

Present Pay Scales

Board Level

CMD

Rs. 2,00,000 – 3,70,000

Directors

Rs. 1,80,000- 3,40,000

Below Board Level

E-9

Executive Director & equivalent

Rs. 1,50,000 – 3,00,000

E-8

CGMs & equivalent

Rs. 1,20,000 – 2,80,000

E-7

GMs & equivalent

Rs. 1,00,000 – 2,60,000

E-6

AGMs & equivalent

Rs. 90,000- 2,40,000

E-5

DGMs & equivalent

Rs. 80,000 – 2,20,000

E-4

Chief Mgrs & equivalent

Rs. 70,000 – 2,00,000

E-3

Sr. Mgrs. & Equivalent

Rs. 60,000-1,80,000

E-2

Managers & equivalent

Rs. 50,000-1,60,000

E-1

Dy. Managers & equivalent

Rs. 40,000 – 1,40,000

STAFF CADRES:Pay Scales of employees in staff cadres are governed by Wage Settlement signed between Federation of MMTC Employees’ Union and Management. The present agreement dated 20 November, 2018 is effective w.e.f. 01.01.2017. Pay Scales of employees in the staff cadre are given here under: -

GRADE

DESIGNATION

SCALES OF PAY W.E.F.01.01.2007

S-IV(C)

CHIEF OFFICE MANAGER & EQUIVALENTS

34000 -3%- 124500

S-IV(B)

SR.OM & EQUIVALENTS

32000 – 3% -114000

S-IV(A)

OFFICE MANAGER & EQUIVALENTS

25000 – 3% - 86400

S-III(B)

JR.OFFICE MANAGER & EQUIVALENTS

23000 – 3% - 80000

S-III(A)

ASSISTANT & EQUIVALENTS

22000- 3% - 76000

S-II

JR.ASSTT & EQUIVALENT

21000 – 3% - 72500

S-III(C)

STAF CAR DRIVER

21000 – 3% - 72500

S-I(B)

SELECTION GRADE

18500 - 3% - 64000

S-I(A)

MTS-I

15500– 3% -54000

VDA : Dearness allowance is linked to All India Consumer Price Index (AICPI) 2001= 100 which is 277.33 as on 1.1.2017 and is revised every quarter on the basis of the rise or fall in the quarterly All India Average of Consumer Price Index .

HRA : As per DPE guidelines depending on the place of posting of employee.